Condo VS House: Which is Best For Your Lifestyle?

Some people love living in condos, while others swear by detached homes.  When it comes to deciding between the two, however, you can't always rely on someone else's word.  Sometimes it's as simple as understanding and assessing your lifestyle to make the best choice, since condo living and home ownership are two radically different experiences, and thereby serve two very different types of lifestyles and personalities.  Here are a few considerations if you're trying to decide whether you should invest in a house or a condo.

 

House:  Best If You Have A Furry Friend

Do you have a furry friend or two that are an integral part of your family?  Depending on their size and species, you may want to consider a detached house over a condo, simply for the amount of space available.  If you have dogs, you should consider that many condominiums don't allow certain numbers, sizes, or breeds, and this could be just another reason you opt for a house.  Having a backyard for your dogs to play in, and being able to avoid the daily elevators rides, steps, are just more reasons to add to the list.

Condo: Best If You're A Busy Business Person

If you're a busy business person who's rarely ever home, you may want to consider a condo-style living.  Firstly, you will be able to save on mortgage costs, which will certainly help you reach your financial goals, and you will have fewer worries involved than you would if you owned a detached home.  Full size houses require significant upkeep, which is a major time investment.  In contrast, a condo is a turnkey living space that gives you the amenities you need without the responsibilities of home ownership.  If you hardly entertain and would like a space to enjoy yourself during your off time, living in a condo might be just the perfect setup for you, the busy business-minded individual.  Maybe your an individual who wants to spend your weekends relaxing and enjoying life and not having to do home upkeep like cutting your lawn or exterior maintenance.

House: Best If You Like Privacy And Control

If you're someone who adores your privacy and likes to be in complete control of the maintenance and care of your home, a detached house is certainly the best option for you.  Having your own detached house means living with added privacy, as you won't have neighbors as close by as would be the case if you were living in a condominium.  You'll also be pleased to be the sole decision maker when it comes to the upkeep and maintenance schedule of the various aspects of your home.  Rather than ask a strata manager for permission to, say, paint your front door, you can simply paint your front door.

Condo: If You're A Single Minimalist

Condo living can be great for a single people and minimalists.  If you prefer to live on the lighter side, with fewer responsibilities and chores, a condo setup can be extremely rewarding.  All of the big stuff will likely be taken care of, and all you'll have to worry about is the minimal space inside of your walls.  If you decide to travel for an extended period, it's much easier to find short-term tenants for condos than for houses.

It can be difficult to decide whether a house or a condo is best suited to your lifestyle. Don't be shy to ask your friends and family what they think of your personality, and do your due diligence to discover which home is best to accommodate your daily life.  Once you've made your decision, contact me, Karen Rodriguez, ABR, CRS, e-Pro, SFR for all your real estate needs or to help you decide which lifestyle better suits you.  Sometimes it is a process to work through seeing both lifestyles before deciding which will better suit you.  I am here to help you through the process.

For more information about real estate in the Louisville, Oldham, Shelbyville, Bullitt county areas,  contact me, Karen Rodriguez, at 502-643-2255 or email soldbyk@gmail.com. Years of Experience, Experience the Difference!